Description

Calling all investors-don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional...Calling all investors-don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and
LISTING UPDATED: 08/05/2026 07:29 AM

  1. Listed by Lara Jaber • Keller Williams Realty West Monmouth
  2. Listed by Michael Lamie • Keller Williams Realty West Monmouth

Property Details for 3rd Street

Status
MLS #
22624060
Days on Market
Listed Today
Taxes
$15,946 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Mixed Use
MLS Type
Commercial / Mixed Use
Year Built
1905
Lot Size
0.04 AC / 1,742 SF
Complex/Subdivision
None
Zoning
Mixed
Directions
Elizabeth Ave to 3RD Street

Location

Listing Courtesy of Keller Williams Realty West Monmouth, Lara Jaber; Keller Williams Realty West Monmouth, Michael Lamie
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Building Information for 3rd Street

Stories3Residences-Year Built1905Lot Size0.04 AC / 1,742 SF

Payment Calculator

$7,937 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,608

Property Taxes

$1,329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3rd Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Elizabeth
  • State: NJ
  • Municipality: Elizabeth (ELI)
  • Block: 810
  • Apx Year Built: 1905.0
  • Street Name: 3rd
  • Street Suffix: Street
  • Zip Code: 07206
  • County: Union
Parking
  • Garage: Yes
  • Parking: On Street
  • # Car Garage: 1.0
Taxes and HOA Information
  • Tax ID#: 04-00810-0000-00046
  • Taxes: $15,946.00
  • Tax Year: 2025
Property
Lot Information
  • Acreage: 0.04
  • Lot: 46
  • Lot Dimensions: 26.03 x 75
Property and Assessments
  • Assessment - Total: 790600.0
  • Assessment - Improvements: 583600.0
  • Assessment Status: Assessed
  • Asmnt - Land: 207000.0
  • Possession: At Closing
  • Property Sub-Type: Mixed Use
  • Property Type: E
  • List Type: Exclusive Right To Sell
Utilities
  • Water Heater: Natural Gas
  • Electric: Other - See Remarks
  • Gas: On Site
  • Cooling: Central Air, Window Unit(s)
  • Heating: Natural Gas, See Remarks
Interior and Exterior Features
Interior Features
  • # Levels: 3
  • Basement: Walk-Out Access

Property History for 3rd Street

DateEvent & SourcePriceAppreciation
Aug 5, 2026

Listed (Active)

MOMLS #22624060

$1,300,000
DateEvent & SourcePrice
08/05/2026

Listed (Active)

MOMLS #22624060

$1,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 3rd Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Elizabeth High School
Public9 to 12

iPep Academy No. 8
PublicK to 8

Jerome Dunn Academy No 9
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3rd Street is a mixed use property for sale in Elizabeth, NJ 07206. This listing's school district is Elizabeth Public School District. Nearby schools include Number 1, George Washington Elementary School, Elizabeth High School and iPep Academy No. 8. 3rd Street is a 0-bed, 0-bath, mixed use property built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty West Monmouth, Lara Jaber; Keller Williams Realty West Monmouth, Michael Lamie

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 08/05/2026 08:33 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 08/05/2026 08:33 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.